Adam Afriyie, the MP for Windsor, has welcomed new figures showing how automatic enrolment has helped more than 9m employees save for their family’s future.
These changes have strong support amongst both British employers and employees. An incredible 83% of workers reported that saving through a workplace pension is a normal thing to do and an astonishing 98% of all UK businesses are finding automatic enrolment ‘necessary’, ‘sensible’ and ‘easier to implement than first expected’.
Adam Afriyie, the MP for Windsor and Chair of the All Party Parliamentary Group on Financial Technology, has asked the Government a series of questions on what they are doing to ensure that the UK’s world class financial technology (fintech) industry remains on the cutting edge.
The MP for the Windsor constituency, Adam Afriyie welcomed the figures:
“I have to say that this is really good news for all of us who want to see a robust, productive and profitable fintech sector.
Adam Afriyie, the MP for Windsor, has welcomed unemployment statistics today showing that the British jobs miracle is continuing unabated. Despite analysts predicting a decrease in employment of 13,000, the number of people employed rose by 102,000. The value of the Pound rose to $1.42, equivalent to its value before the UK voted to leave the EU.
The same was true of Windsor, were unemployment hit a fresh low of 405, or 0.7%. Windsor, traditionally in the lowest 10% of constituencies for unemployment, is now in the lowest 3% of constituencies!
Adam Afriyie, the MP for Windsor, is encouraging the public to join the collective response by the No 3rd Runway Coalition (N3R Coalition) opposing expansion at Heathrow. The N3R Coalition are an umbrella group representing nearly every major anti-3rd Runway pressure group.
The N3R Coalition is asking members of the public to download and sign a document expressing their opposition to a 3rd Runway at Heathrow. Anyone can let the government know about their concerns by downloading the template here, signing it and emailing it to RunwayConsultation@dft.gsi.gov.uk.
Adam Afriyie, the MP for Windsor, has welcomed the news that the country’s public finances were in surplus for the month of July. Over July the public sector received £184m more in tax revenue than it spent on public services. This is the first surplus for the month of July in 15 years.
Since 2010 the budget deficit has also dropped from over 10% of GDP to less than 3%. Over the same period the economy has cumulatively grown by 15.2% and unemployment has dropped to 4.4%, its lowest rate since 1975.